Matt EU CSRD is not being abolished. That is inaccurate. They are focusing on Corporate Due diligence disclosure requirements (CDDD ) which impact SMEs and streamlining reporting rules. Do not conflate with EU CSRD law . Thanks Eric ICCR Board of Directors
I appreciate the comment, and for what it's worth, I don't think it will go away either. I have speculated that we might see it pushed to 2029 for non-EU filers to appease the US.
To clarify, I mentioned it was being discussed and didn’t present it as fact. This was something stated by the VP of the EU, leading up to the new discussions in late February.
From the linked article (translated):
Stéphane Séjourné, Executive Vice-President of the European Commission, in charge of prosperity and industrial strategy, has just dropped a real bombshell in an interview with France Inter. Asked about plans to revise sustainability standards, the European Commissioner announced that the European omnibus legislation, which is scheduled to be presented on 26 February in Brussels, could go as far as "the abolition of reporting".
Matt EU CSRD is not being abolished. That is inaccurate. They are focusing on Corporate Due diligence disclosure requirements (CDDD ) which impact SMEs and streamlining reporting rules. Do not conflate with EU CSRD law . Thanks Eric ICCR Board of Directors
I appreciate the comment, and for what it's worth, I don't think it will go away either. I have speculated that we might see it pushed to 2029 for non-EU filers to appease the US.
To clarify, I mentioned it was being discussed and didn’t present it as fact. This was something stated by the VP of the EU, leading up to the new discussions in late February.
From the linked article (translated):
Stéphane Séjourné, Executive Vice-President of the European Commission, in charge of prosperity and industrial strategy, has just dropped a real bombshell in an interview with France Inter. Asked about plans to revise sustainability standards, the European Commissioner announced that the European omnibus legislation, which is scheduled to be presented on 26 February in Brussels, could go as far as "the abolition of reporting".